Merrill Edge vs Charles Schwab
Merrill Edge | Charles Schwab | |
|---|---|---|
$100 Bonus Offer - | $0 Commissions on Online Stock, ETF, and Options Trades - | |
Benefits and Features | ||
| Stock Trading | $0 commission on U.S. stocks and ETFs | |
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | $0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds | $0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds |
| Commission Free ETFs |  | 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSource™. |
| Broker Assisted Trades | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | ||
| Mobile App | ||
| Desktop App | ||
| Forex Trading | ||
| Futures Trading | ||
| Customer Service | ||
| Locations | More than 2,100 Bank of America locations | |
| Online Community | ||
| Seminars | ||
| Trading Platform | Desktop, Web Trading, Mobile Apps | |
| Virtual Trading | ||
CreditDonkey® Reviews | ||
| Stock Trading |   | |
| Options Trading |  | |
| Mutual Fund Trading | | |
| Online Platform | | |
| Banking | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Merrill Edge: Pricing information from published websites as of 08/01/2024. Charles Schwab: Pricing information from published websites as of 01/22/2025. | ||
Articles on Charles Schwab
Charles Schwab
Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors.
Which Do You Think is Best?
You Might Also Like
Best Options Trading Platform
Not all options trading platforms are created equal. But which one is best for you? Read on to find out.
Compare Merrill Edge to:
You might also be interested in
Who Owns PNC Bank
Who calls the shots at PNC Bank? It might seem a simple question, but the answers reveal a complex web of subsidiaries and financial powerhouses.
Next Page: Charles Schwab
